TSXV:AAA.P - Post by User
Comment by
fiddledeeon Dec 17, 2012 10:57pm
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Post# 20743498
RE: RE: RE: RE: Norway & Ethiopia
RE: RE: RE: RE: Norway & EthiopiaThey have an exploration license. They will need a mining license, tomacco.
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31923200&l=0&r=0&s=AAA&t=LIST#shfjicHxqKX4PHTO.99
............then why was Sainik ,according to this report,awarded a mining license......in 2007!!!!! Anyone know what is reqiuired to be granted a mining license? From what i understand, the feasibility study has yet to be completed.....so that does not appear to be a requirement.
excerpt
In 2007 one of India's largest mining companies Sainik Coal Mining was awarded a mining license to begin potash extraction in the Danakil Depression - the largest project in the region (estimated at 160 million tonnes). Sainik plans to invest $1.1 billion in the project.
https://www.miningfeeds.com/2011/03/12/the-afar-potash-region